“Guaranteed contracts for injury. This went over everyone’s heads all weekend. Let’s say a player signs a three-year, $6-million contract with a $2-million bonus and salaries of $1.1 million, $1.3 million and $1.6 million. And say he gets a career-ending injury in game five of the first season. He keeps his bonus. He keeps his first-year salary. That’s normal. Now he’d get to keep $1 million of his year-two salary and $500,000 of year three. In the old days, he’d have been able to keep the bonus and year-one salary, a total of $3.1 million. Now he’d be able to pocket $4.6 million because of the maximum of $1.5 million in injury-protection money.”

If a rookie gets injured in year 1, he keeps his year 1 salary AND signing bonus.

THEN, if years 2-4 of his rookie contract total MORE than $1.5 million (say $2M), then he’ll only get $1.5 million as protection (losing out on $500K).

If years 2-4 of his rookie contract total LESS than $1.5 million (say $1M) , then he’ll get that full $1M.

Meaning the most he’d get as protection for career ending injury is $1.5M. Before, they got nothing. So, it is a better deal for the players.

]]>By: thetooloftoolshttp://profootballtalk.nbcsports.com/2011/07/25/new-cba-has-protections-for-career-ending-injuries/#comment-1142338
Mon, 25 Jul 2011 15:04:08 +0000http://profootballtalk.nbcsports.com/?p=141268#comment-1142338the 1.5 million is the MAX.
A player could have 3 million remaining on his deal, but he would only get 1.5.
if he was to make 750,000, he wouldn’t get any more then that, but would be paid off.
]]>By: bcgreghttp://profootballtalk.nbcsports.com/2011/07/25/new-cba-has-protections-for-career-ending-injuries/#comment-1142333
Mon, 25 Jul 2011 15:03:16 +0000http://profootballtalk.nbcsports.com/?p=141268#comment-1142333Or you could just have a great owner like Robert Kraft, who took care of Robert Edwards after a career ending, off seaon injury.
]]>By: bleedgreenhttp://profootballtalk.nbcsports.com/2011/07/25/new-cba-has-protections-for-career-ending-injuries/#comment-1142319
Mon, 25 Jul 2011 14:57:00 +0000http://profootballtalk.nbcsports.com/?p=141268#comment-1142319@KIR

I’m pretty sure you don’t have to pay an agent a fee for an injury related insurance settlement. And lawyers fees for an injury settlement should be provided by the Union.

If you’re gross is 2 million, and you’re going to pay taxes on it no matter what, you still end up with over a million dollars. If its invested properly and you live within your means, you should be able to live the rest of your life.

Of course most people here would get a million bucks and immediately go buy a Bentley and party like its going out of style, so I wouldn’t expect anyone to really understand how to live an extended period of time on a lump sum of cash.

]]>By: sanjose61http://profootballtalk.nbcsports.com/2011/07/25/new-cba-has-protections-for-career-ending-injuries/#comment-1142273
Mon, 25 Jul 2011 14:34:34 +0000http://profootballtalk.nbcsports.com/?p=141268#comment-1142273Is it just me or does it seem like this sentence by Rosenthal was reversed?

“So if the rest of the rookie’s contract in years two-through-four totaled more than $1.5 million, he would get $1.5 million. If the remainder of the rookie’s contract was less than $1.5 million, he would get all the money due to him.”

That’s saying that the player would get the lesser of the two amounts… shouldn’t he be getting no less than $1.5 million?

You ever heard of taxes agents and attorney fees? Now, how much do you have to live on for the rest of your life? What a dumb azz.

]]>By: m2karatemanhttp://profootballtalk.nbcsports.com/2011/07/25/new-cba-has-protections-for-career-ending-injuries/#comment-1142252
Mon, 25 Jul 2011 14:23:19 +0000http://profootballtalk.nbcsports.com/?p=141268#comment-1142252My question, how would the cap be impacted by this? Would the remaining years paid out be protected from being included in the salary cap?

@bleedgreen – you need to read this more closely. The players don’t get a $1.5M payout, plus their salary. They get $1.5M maximum. Some players may get far less (imagine a UDFA making rookie minimum for three years with no bonus).

]]>By: bleedgreenhttp://profootballtalk.nbcsports.com/2011/07/25/new-cba-has-protections-for-career-ending-injuries/#comment-1142201
Mon, 25 Jul 2011 13:47:46 +0000http://profootballtalk.nbcsports.com/?p=141268#comment-1142201Not a bad deal, if the player is intelligent. If someone handed me a million and a half dollars, plus the hundreds of thousands, if not millions from my salary + signing bonus, I could probably live pretty comfortably the rest of my life without working. If you can get a 5% return on $2M, thats $100K a year in interest alone. If you bought a $350-400K house cash, and had no debt, you’d be pretty ballin with $100K a year.
]]>By: jimmyseehttp://profootballtalk.nbcsports.com/2011/07/25/new-cba-has-protections-for-career-ending-injuries/#comment-1142200
Mon, 25 Jul 2011 13:46:33 +0000http://profootballtalk.nbcsports.com/?p=141268#comment-1142200Probably covered by an insurance policy taken by each owner.
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